Expedia Group (NASDAQ:EXPE) Upgraded at Wall Street Zen

Expedia Group (NASDAQ:EXPE - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

EXPE has been the topic of a number of other research reports. Oppenheimer decreased their target price on shares of Expedia Group from $230.00 to $210.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Barclays boosted their price objective on shares of Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. UBS Group reduced their price target on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. JPMorgan Chase & Co. lowered their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group dropped their target price on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $187.19.

Expedia Group Trading Down 2.4%

Shares of NASDAQ EXPE traded down $4.35 during trading on Friday, reaching $179.22. The stock had a trading volume of 889,224 shares, compared to its average volume of 1,896,228. The business's 50-day moving average price is $168.92 and its 200-day moving average price is $172.51. The company has a market cap of $22.78 billion, a P/E ratio of 21.11, a PEG ratio of 0.88 and a beta of 1.57. Expedia Group has a fifty-two week low of $110.20 and a fifty-two week high of $207.73. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The company's revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.21 EPS. On average, equities research analysts predict that Expedia Group will post 12.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at $27,000. Sava Infond d.o.o. bought a new stake in Expedia Group during the 4th quarter worth approximately $28,000. McClarren Financial Advisors Inc. bought a new position in shares of Expedia Group during the 1st quarter valued at $28,000. Atlas Capital Advisors Inc. purchased a new stake in Expedia Group during the 1st quarter valued at $28,000. Finally, Prudent Man Investment Management Inc. purchased a new position in Expedia Group during the 4th quarter valued at about $34,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.